Volkswagen’s battery subsidiary PowerCo is to employ almost twice as many people at the end of this year; up to 1,500 compared to the current 800. The company is also increasingly looking for suitable specialists in Asia.
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The Volkswagen Group’s new battery subsidiary PowerCo and the Belgian materials technology group Umicore have established a joint venture for cathode and prematerial production in Europe. From 2025, the joint venture is to supply PowerCo’s European battery cell factories with key materials.
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The Volkswagen Group is investing around two billion euros in the transformation of its Salzgitter site in Germany – from the lead engine plant to the lead cell plant. At the same time, the carmaking giant says it has launched a major qualification offensive.
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Volkswagen has laid the foundation stone for its first own battery factory at its components plant in Salzgitter. From 2025, the factory will produce the Volkswagen unit cell for volume models for the new ‘PowerCo’ business unit.
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Chinese equipment supplier LEAD announced a major deal with Volkswagen to deliver lithium battery manufacturing equipment. In a first step, LEAD and Volkswagen agreed to supply battery production equipment for a capacity of 20 GWh in Salzgitter but the Chinese company claims the cooperation would go further.
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With the European Company (Société Européenne) founded last December, Volkswagen wants to bundle activities along the battery value chain. The group has now presented six members to make the Board of Directors, headed by Frank Blome, which is to expand the battery business from Salzgitter.
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Volkswagen has founded a European Company (Société Européenne) to bundle activities along the battery value chain. In the future, third parties will also be able to participate in the SE as investors. In addition, VW confirms a number of personnel appointments in battery development.
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Volkswagen has decided to further electrify its European locations as part of its new planning round. 89 billion euros will be invested in future technologies such as electromobility and digitalisation alone over the next five years.
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The Volkswagen Group has concluded three further strategic partnerships in the field of electric car batteries. The new partners are the materials technology group Umicore, the battery specialist 24M Technologies and the lithium supplier Vulcan Energy Resources.
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Volkswagen Group Components has opened a laboratory for cell research and development in Salzgitter, Germany. The company is thus further expanding its expertise in battery technology and taking the next step towards developing and producing its own battery cells for electromobility.
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Volkswagen has presented its strategy for 2030 called ‘New Auto’. At the core of this strategy is the shift to electromobility and the gradual phasing out of the combustion engine – but it goes far beyond electrifying the hardware that has been dominant for so long
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QuantumScape could produce solid-state batteries in the German city of Salzgitter with Volkswagen in the future. According to an agreement between the two companies, the location for the planned pilot plant with VW is to be determined this year.
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VW’s Group Components division has commissioned a pilot plant for recycling batteries in Salzgitter. With the plant, which is to be scalable to higher capacities, Volkswagen wants to recover valuable raw materials and use them in new batteries.
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The VW Group subsidiary Group Components has now published which parts their ‘Components’ division supplies for ID.4 and in which plants these parts and their preliminary products are manufactured.
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The joint venture between the Volkswagen Group and Sweden’s battery manufacturer Northvolt is taking shape. The partners have now decided that the buildings and infrastructure for the planned joint battery cell factory ‘Northvolt Zwei’ will be built by Volkswagen itself.
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Volkswagen and Northvolt want to increase the capacity of their battery cell factory in Salzgitter, Germany, by 50 per cent. The joint venture plans to submit the building application for the already planned expansion in March.
Read moreThe Volkswagen-Northvolt cooperation is taking off as they launch a first pilot production for battery cells at Volkswagen’s Salzgitter plant. Production is to scale up to 16 GWh at the end of 2023 with Volkswagen investing around €1Bn.
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In Braunschweig, Germany, Volkswagen’s first employee charging park went into operation with 60 charging points. By 2025, 4,000 charging points are to be created at ten locations across Germany.
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The partner for Volkswagen’s decision to start mass production of battery cells for electric cars will not be the South Korean manufacturer SK Innovation as was rumoured. Rather, the German carmaking giant is turning to the Swedish startup Northvolt for all its battery requirements.
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Volkswagen’s supervisory board has announced the automaker’s entry into battery cell production and is ready to invest one billion euros. Depending on the political circumstance, VW wants to set-up production in Germany at its Salzgitter site in Lower Saxony.
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The recently announced Volkswagen pilot plant for recycling electric car battery materials in Salzgitter, which will go into operation in 2020, is designed to initially produce 1,200 tonnes per year. The project in Salzgitter is to be followed by further recycling plants in the next few years.
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Volkswagen is looking into mass production of battery cells together with SK Innovation, according to German media. Their cooperation could see them setting up and operate multiple battery cell “Gigafactories” in Europe.
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